Community College of Philadelphia Foundation

Analysis

Community College of Philadelphia Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community College of Philadelphia Foundation reported income of $4.7m and spending of $4.0m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $4.7m (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community College of Philadelphia Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Friends School Inc ($4.7m), Unc Eshelman School of Pharmacy Foundation ($4.7m) and Mountain Sage Community School ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $20.7m against liabilities of $1.8m, net assets of $19.0m.